Binance will only work with Tether ERC-20 standard tokens

Binance Cryptocurrency Exchange has announced the transition from the OMNI addresses of USDT tokens to the addresses of the ERC-20 standard. In this regard, for some time the possibility of input / output of Tether steylcoin will be unavailable.

In particular, the transition will take place on Thursday, July 4, and some operations with USDT will be unavailable for 30 minutes.

After its completion, ERC20 addresses will be used by default. Users will be able to make deposits in USDT to OMNI addresses that were created before, however, they will no longer be available for them.

CEO Binance Changphen Zhao explained this by the small number of those who use OMNI addresses.

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